Czech Republic: Granite Building Stone Market 2024

Granite Building Stone Market Size in the Czech Republic

In 2021, the Czech granite building stone market increased by 7.4% to $X, rising for the second year in a row after two years of decline. Overall, consumption saw a deep slump. Granite building stone consumption peaked at $X in 2012; however, from 2013 to 2021, consumption failed to regain momentum.

Granite Building Stone Production in the Czech Republic

In value terms, granite building stone production totaled $X in 2021 estimated in export price. Overall, production, however, saw a tangible increase. The pace of growth was the most pronounced in 2017 with an increase of 108%. As a result, production reached the peak level of $X. From 2018 to 2021, production growth failed to regain momentum.

Granite Building Stone Exports

Exports from the Czech Republic

In 2021, granite building stone exports from the Czech Republic rose markedly to X tons, picking up by 8.9% on 2020. In general, exports, however, saw a abrupt setback. The most prominent rate of growth was recorded in 2014 when exports increased by 57% against the previous year. Over the period under review, the exports attained the maximum at X tons in 2017; however, from 2018 to 2021, the exports failed to regain momentum.

In value terms, granite building stone exports surged to $X in 2021. Overall, exports, however, faced a sharp decrease. The most prominent rate of growth was recorded in 2016 with an increase of 86% against the previous year. Over the period under review, the exports hit record highs at $X in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

Exports by Country

Germany (X tons) was the main destination for granite building stone exports from the Czech Republic, accounting for a 77% share of total exports. Moreover, granite building stone exports to Germany exceeded the volume sent to the second major destination, Slovakia (X tons), fivefold. The third position in this ranking was taken by Austria (X tons), with a 7.5% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Germany stood at -2.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: Slovakia (-1.9% per year) and Austria (+7.5% per year).

In value terms, Germany ($X), Slovakia ($X) and Austria ($X) constituted the largest markets for granite building stone exported from the Czech Republic worldwide, together accounting for 86% of total exports.

Among the main countries of destination, Germany, with a CAGR of +8.6%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2021, the average granite building stone export price amounted to $X per ton, surging by 12% against the previous year. Over the period under review, the export price, however, recorded a precipitous decrease. The growth pace was the most rapid in 2016 when the average export price increased by 51% against the previous year. The export price peaked at $X per ton in 2012; however, from 2013 to 2021, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Hungary ($X per ton), while the average price for exports to Austria ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Serbia (+64.9%), while the prices for the other major destinations experienced more modest paces of growth.

Granite Building Stone Imports

Imports into the Czech Republic

In 2021, purchases abroad of granite building stone increased by 3.9% to X tons for the first time since 2018, thus ending a two-year declining trend. Over the period under review, imports, however, recorded a noticeable shrinkage. The most prominent rate of growth was recorded in 2014 with an increase of 16%. Imports peaked at X tons in 2015; however, from 2016 to 2021, imports failed to regain momentum.

In value terms, granite building stone imports soared to $X in 2021. In general, imports, however, faced a abrupt curtailment. Imports peaked at $X in 2012; however, from 2013 to 2021, imports remained at a lower figure.

Imports by Country

India (X tons), Italy (X tons) and China (X tons) were the main suppliers of granite building stone imports to the Czech Republic, with a combined 64% share of total imports. These countries were followed by Poland, Germany, South Africa, Slovakia and France, which together accounted for a further 29%.

From 2012 to 2021, the biggest increases were recorded for South Africa (with a CAGR of +26.4%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest granite building stone suppliers to the Czech Republic were Italy ($X), India ($X) and China ($X), together comprising 68% of total imports. These countries were followed by Poland, Slovakia, Germany, France and South Africa, which together accounted for a further 26%.

Among the main suppliers, South Africa, with a CAGR of +15.8%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the average granite building stone import price amounted to $X per ton, increasing by 32% against the previous year. Overall, the import price, however, saw a deep reduction. The import price peaked at $X per ton in 2012; however, from 2013 to 2021, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Slovakia ($X per ton), while the price for South Africa ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Poland (+9.7%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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